-Consider the game depicted in Figure 13.2 in which, which summarizes the payoffs from alternative strategy profiles from a pessimistic state of nature. The Nash equilibrium strategy profile is:
A) {A1, B1}.
B) {A2, B2}.
C) {A3, B3}.
D) This game does not have a Nash equilibrium.
E) This game has multiple Nash equilibria.

Question

-Consider the game depicted in Figure 13.2 in which, which summarizes the payoffs from alternative strategy profiles from a pessimistic state of nature. The Nash equilibrium strategy profile is:
A) {A1, B1}. 
B) {A2, B2}. 
C) {A3, B3}. 
D) This game does not have a Nash equilibrium. 
E) This game has multiple Nash equilibria.

Quizplus · Accepted Answer

A Nash equilibrium occurs when each player's strategy is optimal given the other player's strategy. In the strategy profile {A2, B2}, neither player can benefit by unilaterally changing their strategy, making it a Nash equilibrium.

-Consider the Game Depicted in Figure 13